British Business - Oct 10
Oct 10 (Reuters) -The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
The Times
- British paper and packaging firm Mondi MNDI.L has agreed to buy the German, Benelux and UK packaging assets of Schumacher Packaging for 634 million euros ($693.79 million) including debt, to expand in Western Europe.
The Guardian
- British drugmaker GSK GSK.L has struck an agreement to make a payment of up to $2.2 billion to resolve litigation brought in the U.S. over its heartburn treatment Zantac.
Sky News
- Lenders holding 12 billion pounds ($15.69 billion) of Thames Water's debt have held face-to-face talks with Ofwat this week to pitch a rescue deal that they believe would avert the nationalisation of Britain's biggest water utility.
($1 = 0.9138 euros)
($1 = 0.7649 pounds)
(Compiled by Bengaluru newsroom)
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